Income inequality in the Netherlands is well below the EU average | Statistics Netherlands (CBS) (2024)

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Inequality is generally expressed using the Gini coefficient <link 1>. The Gini coefficient takes the form of a value between 0 (representing a situation in which every household in a society has exactly the same income) and 1 (a situation in which only one household receives all the income while the others receive nothing). In 2022, income inequality according to the Gini coefficient was 0.285 in the Netherlands. Wealth inequality was much higher at 0.711, however. Wealth inequality fell sharply between 2015 and 2022 due to rising house prices.

Inequality in standardised disposable incomes
19770.240
19810.241
19850.239
19890.253
19900.269
19910.270
19920.267
19930.267
19940.268
19950.266
19960.269
19970.265
19980.263
19990.265
20000.274
20010.280
20020.279
20030.277
20040.281
20050.283
20060.280
20070.292
20080.284
20090.283
20100.281
20110.286
20120.288
20130.288
20140.302
20150.288
20160.289
20170.296
20180.290
20190.306
20200.292
20210.292
2022*0.285
* provisional figure
Inequality in standardised disposable incomes
19770.240
19810.241
19850.239
19890.253
19900.269
19910.270
19920.267
19930.267
19940.268
19950.266
19960.269
19970.265
19980.263
19990.265
20000.274
20010.280
20020.279
20030.277
20040.281
20050.283
20060.280
20070.292
20080.284
20090.283
20100.281
20110.286
20120.288
20130.288
20140.302
20150.288
20160.289
20170.296
20180.290
20190.306
20200.292
20210.292
2022*0.285
* provisional figure

Income inequality rose in the 1980s

Income inequality increased in the second half of the 1980s, following a severe recession. Wages subsequently rose sharply and the number of dual-income households also increased, while the minimum wage and many benefits remained frozen. Demographic trends such as ageing, immigration and the growing number of single-person households also played a role. The tax reforms implemented in 1990 then provided substantial tax relief for those in employment, in particular, and inequality rose once again.

The small increase in inequality seen in 2001 was also related to the tax reforms introduced that year. Subsequent increases in 2007, 2014, 2017 and 2019 were due to tax measures that benefited directors and major shareholders.

Ever more redistribution through pensions

The income received by households through work or from assets (primary income) is redistributed by the government through a system of levies, contributions and taxes on the on hand, and the distribution of benefits on the other. Inequality is higher before redistribution than after it: the Gini coefficient for primary income was 0.542 in 2022. Redistribution thus results in a reduction of inequality by 47 percent. State pensions and supplementary pensions combined accounted for most of this reduction. The remainder is attributable to other social benefits, contributions and taxes. The contribution of supplementary pensions to reducing inequality has increased as a result of our ageing population. But this effect stagnated between 2011 and 2022 because many pensions were capped or no longer indexed, and the retirement age also rose.

Income inequality in the Netherlands is relatively low

The Netherlands has the fifth lowest income inequality of all EU member states. Slovakia has the lowest inequality in disposable income, followed by Slovenia. Czechia also features in the top five countries with the lowest income inequality. In these Eastern European member states (just as in Belgium and the Netherlands), a relatively large amount of income is redistributed. In other Eastern European countries, by contrast, inequality is much higher. It is highest in Bulgaria. Income inequality is also high in many southern European member states, such as Portugal and Greece. Relatively little income is redistributed in these southern and eastern European member states.

Income inequality in EU member states1), 2023
EU-270.296
Slovakia0.216
Slovenia0.234
Belgium0.242
Czechia0.244
Netherlands0.264
Finland0.266
Poland0.270
Ireland0.274
Austria0.281
Denmark0.282
Hungary0.290
Germany0.294
Sweden0.295
Cyprus0.296
France0.297
Croatia0.297
Luxembourg0.306
Romania0.310
Spain0.315
Italy0.315
Estonia0.318
Greece0.318
Malta0.330
Portugal0.337
Latvia0.340
Lithuania0.357
Bulgaria0.372
Source: CBS, Eurostat
1)The figure for the Netherlands is for 2022 and differs from the figure referenced in the text in part because Eurostat uses a different source.
Income inequality in EU member states1), 2023
EU-270.296
Slovakia0.216
Slovenia0.234
Belgium0.242
Czechia0.244
Netherlands0.264
Finland0.266
Poland0.270
Ireland0.274
Austria0.281
Denmark0.282
Hungary0.290
Germany0.294
Sweden0.295
Cyprus0.296
France0.297
Croatia0.297
Luxembourg0.306
Romania0.310
Spain0.315
Italy0.315
Estonia0.318
Greece0.318
Malta0.330
Portugal0.337
Latvia0.340
Lithuania0.357
Bulgaria0.372
Source: CBS, Eurostat
1)The figure for the Netherlands is for 2022 and differs from the figure referenced in the text in part because Eurostat uses a different source.

Differences in income inequality within the Netherlands

In municipalities with higher average incomes (such as Bloemendaal, Laren, Blaricum and Wassenaar), income inequality is well above the national average and the Gini coefficient is around 0.50. Income inequality is often higher in university cities, too, because there is a relatively large disparity between low-income student households and other households.

In municipalities where many elderly people on lower incomes live, by contrast, incomes tend to be much closer together. This is the case in ageing municipalities in Limburg (such as Landgraaf and Brunssum), where income disparities are comparatively small. Income inequality is also lower in municipalities in the north of the Netherlands (such as Pekela, Veendam and Stadskanaal) for the same reason.

Income inequality (Gini coefficient) by municipality, 2022*
Groningen0.36
Almere0.25
Stadskanaal0.23
Veendam0.23
Zeewolde0.26
Achtkarspelen0.22
Ameland
Harlingen0.25
Heerenveen0.25
Leeuwarden0.27
Ooststellingwerf0.23
Opsterland0.24
Schiermonnikoog
Smallingerland0.23
Terschelling0.36
Vlieland
Weststellingwerf0.23
Assen0.23
Coevorden0.24
Emmen0.23
Hoogeveen0.22
Meppel0.24
Almelo0.24
Borne0.24
Dalfsen0.23
Deventer0.25
Enschede0.30
Haaksbergen0.23
Hardenberg0.23
Hellendoorn0.22
Hengelo0.25
Kampen0.24
Losser0.24
Noordoostpolder0.24
Oldenzaal0.24
Ommen0.24
Raalte0.23
Staphorst0.25
Tubbergen0.24
Urk0.24
Wierden0.26
Zwolle0.27
Aalten0.22
Apeldoorn0.26
Arnhem0.29
Barneveld0.26
Beuningen0.25
Brummen0.26
Buren0.27
Culemborg0.25
Doesburg0.24
Doetinchem0.25
Druten0.24
Duiven0.23
Ede0.26
Elburg0.24
Epe0.27
Ermelo0.27
Harderwijk0.24
Hattem0.26
Heerde0.23
Heumen0.27
Lochem0.29
Maasdriel0.27
Nijkerk0.27
Nijmegen0.32
Oldebroek0.23
Putten0.27
Renkum0.28
Rheden0.29
Rozendaal
Scherpenzeel0.23
Tiel0.25
Voorst0.26
Wageningen0.41
Westervoort0.22
Winterswijk0.24
Wijchen0.24
Zaltbommel0.26
Zevenaar0.23
Zutphen0.24
Nunspeet0.26
Dronten0.25
Amersfoort0.27
Baarn0.31
De Bilt0.34
Bunnik0.25
Bunschoten0.24
Eemnes0.27
Houten0.25
Leusden0.26
Lopik0.26
Montfoort0.25
Renswoude
Rhenen0.27
Soest0.28
Utrecht0.33
Veenendaal0.24
Woudenberg0.23
Wijk bij Duurstede0.25
IJsselstein0.27
Zeist0.35
Nieuwegein0.23
Aalsmeer0.31
Alkmaar0.26
Amstelveen0.36
Amsterdam0.38
Bergen (NH.)0.34
Beverwijk0.24
Blaricum0.49
Bloemendaal0.54
Castricum0.27
Diemen0.32
Edam-Volendam0.26
Enkhuizen0.26
Haarlem0.29
Haarlemmermeer0.27
Heemskerk0.24
Heemstede0.34
Heiloo0.28
Den Helder0.23
Hilversum0.31
Hoorn0.25
Huizen0.30
Landsmeer0.29
Laren0.49
Medemblik0.25
Oostzaan0.25
Opmeer0.26
Ouder-Amstel0.32
Purmerend0.25
Schagen0.25
Texel0.26
Uitgeest0.24
Uithoorn0.26
Velsen0.26
Zandvoort0.31
Zaanstad0.25
Alblasserdam0.25
Alphen aan den Rijn0.25
Barendrecht0.27
Drechterland0.27
Capelle aan den IJssel0.26
Delft0.38
Dordrecht0.26
Gorinchem0.32
Gouda0.26
‘s-Gravenhage0.33
Hardinxveld-Giessendam0.25
Hendrik-Ido-Ambacht0.25
Stede Broec0.23
Hillegom0.25
Katwijk0.25
Krimpen aan den IJssel0.26
Leiden0.35
Leiderdorp0.26
Lisse0.26
Maassluis0.25
Nieuwkoop0.27
Noordwijk0.30
Oegstgeest0.33
Oudewater0.27
Papendrecht0.24
Ridderkerk0.25
Rotterdam0.31
Rijswijk0.27
Schiedam0.26
Sliedrecht0.23
Albrandswaard0.27
Vlaardingen0.25
Voorschoten0.29
Waddinxveen0.24
Wassenaar0.48
Woerden0.27
Zoetermeer0.24
Zoeterwoude0.25
Zwijndrecht0.25
Borsele0.24
Goes0.26
West Maas en Waal0.25
Hulst0.26
Kapelle0.23
Middelburg0.25
Reimerswaal0.25
Terneuzen0.25
Tholen0.24
Veere0.26
Vlissingen0.24
De Ronde Venen0.32
Tytsjerksteradiel0.22
Asten0.25
Baarle-Nassau0.24
Bergen op Zoom0.25
Best0.26
Boekel0.26
Boxtel0.28
Breda0.30
Deurne0.24
Pekela0.21
Dongen0.24
Eersel0.27
Eindhoven0.31
Etten-Leur0.24
Geertruidenberg0.25
Gilze en Rijen0.23
Goirle0.25
Helmond0.25
‘s-Hertogenbosch0.28
Heusden0.25
Hilvarenbeek0.24
Loon op Zand0.24
Nuenen, Gerwen en Nederwetten0.26
Oirschot0.25
Oisterwijk0.31
Oosterhout0.26
Oss0.25
Rucphen0.25
Sint-Michielsgestel0.27
Someren0.26
Son en Breugel0.27
Steenbergen0.24
Waterland0.29
Tilburg0.29
Valkenswaard0.25
Veldhoven0.25
Vught0.33
Waalre0.30
Waalwijk0.25
Woensdrecht0.25
Zundert0.26
Wormerland0.26
Landgraaf0.23
Beek0.25
Beesel0.22
Bergen (L.)0.23
Brunssum0.22
Gennep0.23
Heerlen0.24
Kerkrade0.24
Maastricht0.35
Meerssen0.25
Mook en Middelaar0.30
Nederweert0.24
Roermond0.25
Simpelveld0.23
Stein0.22
Vaals0.28
Venlo0.25
Venray0.24
Voerendaal0.25
Weert0.25
Valkenburg aan de Geul0.27
Lelystad0.25
Horst aan de Maas0.23
Oude IJsselstreek0.23
Teylingen0.28
Utrechtse Heuvelrug0.32
Oost Gelre0.23
Koggenland0.24
Lansingerland0.28
Leudal0.24
Maasgouw0.24
Gemert-Bakel0.24
Halderberge0.25
Heeze-Leende0.26
Laarbeek0.24
Reusel-De Mierden0.23
Roerdalen0.23
Roosendaal0.24
Schouwen-Duiveland0.28
Aa en Hunze0.25
Borger-Odoorn0.24
De Wolden0.26
Noord-Beveland0.28
Wijdemeren0.34
Noordenveld0.24
Twenterand0.22
Westerveld0.26
Lingewaard0.24
Cranendonck0.24
Steenwijkerland0.25
Moerdijk0.25
Echt-Susteren0.24
Sluis0.26
Drimmelen0.25
Bernheze0.27
Alphen-Chaam0.26
Bergeijk0.26
Bladel0.24
Gulpen-Wittem0.25
Tynaarlo0.25
Midden-Drenthe0.23
Overbetuwe0.24
Hof van Twente0.25
Neder-Betuwe0.26
Rijssen-Holten0.27
Geldrop-Mierlo0.26
Olst-Wijhe0.23
Dinkelland0.25
Westland0.26
Midden-Delfland0.28
Berkelland0.23
Bronckhorst0.27
Sittard-Geleen0.25
Kaag en Braassem0.28
Dantumadiel0.22
Zuidplas0.26
Peel en Maas0.23
Oldambt0.24
Zwartewaterland0.24
Sûdwest-Fryslân0.25
Bodegraven-Reeuwijk0.28
Eijsden-Margraten0.24
Stichtse Vecht0.30
Hollands Kroon0.24
Leidschendam-Voorburg0.30
Goeree-Overflakkee0.26
Pijnacker-Nootdorp0.27
Nissewaard0.23
Krimpenerwaard0.26
De Fryske Marren0.25
Gooise Meren0.36
Berg en Dal0.26
Meierijstad0.25
Waadhoeke0.22
Westerwolde0.23
Midden-Groningen0.24
Beekdaelen0.24
Montferland0.24
Altena0.26
West Betuwe0.26
Vijfheerenlanden0.25
Hoeksche Waard0.26
Het Hogeland0.23
Westerkwartier0.23
Noardeast-Fryslân0.23
Molenlanden0.28
Eemsdelta0.23
Dijk en Waard0.23
Land van Cuijk0.24
Maashorst0.25
Voorne aan Zee0.27
* provisional figures
Income inequality (Gini coefficient) by municipality, 2022*
Groningen0.36
Almere0.25
Stadskanaal0.23
Veendam0.23
Zeewolde0.26
Achtkarspelen0.22
Ameland
Harlingen0.25
Heerenveen0.25
Leeuwarden0.27
Ooststellingwerf0.23
Opsterland0.24
Schiermonnikoog
Smallingerland0.23
Terschelling0.36
Vlieland
Weststellingwerf0.23
Assen0.23
Coevorden0.24
Emmen0.23
Hoogeveen0.22
Meppel0.24
Almelo0.24
Borne0.24
Dalfsen0.23
Deventer0.25
Enschede0.30
Haaksbergen0.23
Hardenberg0.23
Hellendoorn0.22
Hengelo0.25
Kampen0.24
Losser0.24
Noordoostpolder0.24
Oldenzaal0.24
Ommen0.24
Raalte0.23
Staphorst0.25
Tubbergen0.24
Urk0.24
Wierden0.26
Zwolle0.27
Aalten0.22
Apeldoorn0.26
Arnhem0.29
Barneveld0.26
Beuningen0.25
Brummen0.26
Buren0.27
Culemborg0.25
Doesburg0.24
Doetinchem0.25
Druten0.24
Duiven0.23
Ede0.26
Elburg0.24
Epe0.27
Ermelo0.27
Harderwijk0.24
Hattem0.26
Heerde0.23
Heumen0.27
Lochem0.29
Maasdriel0.27
Nijkerk0.27
Nijmegen0.32
Oldebroek0.23
Putten0.27
Renkum0.28
Rheden0.29
Rozendaal
Scherpenzeel0.23
Tiel0.25
Voorst0.26
Wageningen0.41
Westervoort0.22
Winterswijk0.24
Wijchen0.24
Zaltbommel0.26
Zevenaar0.23
Zutphen0.24
Nunspeet0.26
Dronten0.25
Amersfoort0.27
Baarn0.31
De Bilt0.34
Bunnik0.25
Bunschoten0.24
Eemnes0.27
Houten0.25
Leusden0.26
Lopik0.26
Montfoort0.25
Renswoude
Rhenen0.27
Soest0.28
Utrecht0.33
Veenendaal0.24
Woudenberg0.23
Wijk bij Duurstede0.25
IJsselstein0.27
Zeist0.35
Nieuwegein0.23
Aalsmeer0.31
Alkmaar0.26
Amstelveen0.36
Amsterdam0.38
Bergen (NH.)0.34
Beverwijk0.24
Blaricum0.49
Bloemendaal0.54
Castricum0.27
Diemen0.32
Edam-Volendam0.26
Enkhuizen0.26
Haarlem0.29
Haarlemmermeer0.27
Heemskerk0.24
Heemstede0.34
Heiloo0.28
Den Helder0.23
Hilversum0.31
Hoorn0.25
Huizen0.30
Landsmeer0.29
Laren0.49
Medemblik0.25
Oostzaan0.25
Opmeer0.26
Ouder-Amstel0.32
Purmerend0.25
Schagen0.25
Texel0.26
Uitgeest0.24
Uithoorn0.26
Velsen0.26
Zandvoort0.31
Zaanstad0.25
Alblasserdam0.25
Alphen aan den Rijn0.25
Barendrecht0.27
Drechterland0.27
Capelle aan den IJssel0.26
Delft0.38
Dordrecht0.26
Gorinchem0.32
Gouda0.26
‘s-Gravenhage0.33
Hardinxveld-Giessendam0.25
Hendrik-Ido-Ambacht0.25
Stede Broec0.23
Hillegom0.25
Katwijk0.25
Krimpen aan den IJssel0.26
Leiden0.35
Leiderdorp0.26
Lisse0.26
Maassluis0.25
Nieuwkoop0.27
Noordwijk0.30
Oegstgeest0.33
Oudewater0.27
Papendrecht0.24
Ridderkerk0.25
Rotterdam0.31
Rijswijk0.27
Schiedam0.26
Sliedrecht0.23
Albrandswaard0.27
Vlaardingen0.25
Voorschoten0.29
Waddinxveen0.24
Wassenaar0.48
Woerden0.27
Zoetermeer0.24
Zoeterwoude0.25
Zwijndrecht0.25
Borsele0.24
Goes0.26
West Maas en Waal0.25
Hulst0.26
Kapelle0.23
Middelburg0.25
Reimerswaal0.25
Terneuzen0.25
Tholen0.24
Veere0.26
Vlissingen0.24
De Ronde Venen0.32
Tytsjerksteradiel0.22
Asten0.25
Baarle-Nassau0.24
Bergen op Zoom0.25
Best0.26
Boekel0.26
Boxtel0.28
Breda0.30
Deurne0.24
Pekela0.21
Dongen0.24
Eersel0.27
Eindhoven0.31
Etten-Leur0.24
Geertruidenberg0.25
Gilze en Rijen0.23
Goirle0.25
Helmond0.25
‘s-Hertogenbosch0.28
Heusden0.25
Hilvarenbeek0.24
Loon op Zand0.24
Nuenen, Gerwen en Nederwetten0.26
Oirschot0.25
Oisterwijk0.31
Oosterhout0.26
Oss0.25
Rucphen0.25
Sint-Michielsgestel0.27
Someren0.26
Son en Breugel0.27
Steenbergen0.24
Waterland0.29
Tilburg0.29
Valkenswaard0.25
Veldhoven0.25
Vught0.33
Waalre0.30
Waalwijk0.25
Woensdrecht0.25
Zundert0.26
Wormerland0.26
Landgraaf0.23
Beek0.25
Beesel0.22
Bergen (L.)0.23
Brunssum0.22
Gennep0.23
Heerlen0.24
Kerkrade0.24
Maastricht0.35
Meerssen0.25
Mook en Middelaar0.30
Nederweert0.24
Roermond0.25
Simpelveld0.23
Stein0.22
Vaals0.28
Venlo0.25
Venray0.24
Voerendaal0.25
Weert0.25
Valkenburg aan de Geul0.27
Lelystad0.25
Horst aan de Maas0.23
Oude IJsselstreek0.23
Teylingen0.28
Utrechtse Heuvelrug0.32
Oost Gelre0.23
Koggenland0.24
Lansingerland0.28
Leudal0.24
Maasgouw0.24
Gemert-Bakel0.24
Halderberge0.25
Heeze-Leende0.26
Laarbeek0.24
Reusel-De Mierden0.23
Roerdalen0.23
Roosendaal0.24
Schouwen-Duiveland0.28
Aa en Hunze0.25
Borger-Odoorn0.24
De Wolden0.26
Noord-Beveland0.28
Wijdemeren0.34
Noordenveld0.24
Twenterand0.22
Westerveld0.26
Lingewaard0.24
Cranendonck0.24
Steenwijkerland0.25
Moerdijk0.25
Echt-Susteren0.24
Sluis0.26
Drimmelen0.25
Bernheze0.27
Alphen-Chaam0.26
Bergeijk0.26
Bladel0.24
Gulpen-Wittem0.25
Tynaarlo0.25
Midden-Drenthe0.23
Overbetuwe0.24
Hof van Twente0.25
Neder-Betuwe0.26
Rijssen-Holten0.27
Geldrop-Mierlo0.26
Olst-Wijhe0.23
Dinkelland0.25
Westland0.26
Midden-Delfland0.28
Berkelland0.23
Bronckhorst0.27
Sittard-Geleen0.25
Kaag en Braassem0.28
Dantumadiel0.22
Zuidplas0.26
Peel en Maas0.23
Oldambt0.24
Zwartewaterland0.24
Sûdwest-Fryslân0.25
Bodegraven-Reeuwijk0.28
Eijsden-Margraten0.24
Stichtse Vecht0.30
Hollands Kroon0.24
Leidschendam-Voorburg0.30
Goeree-Overflakkee0.26
Pijnacker-Nootdorp0.27
Nissewaard0.23
Krimpenerwaard0.26
De Fryske Marren0.25
Gooise Meren0.36
Berg en Dal0.26
Meierijstad0.25
Waadhoeke0.22
Westerwolde0.23
Midden-Groningen0.24
Beekdaelen0.24
Montferland0.24
Altena0.26
West Betuwe0.26
Vijfheerenlanden0.25
Hoeksche Waard0.26
Het Hogeland0.23
Westerkwartier0.23
Noardeast-Fryslân0.23
Molenlanden0.28
Eemsdelta0.23
Dijk en Waard0.23
Land van Cuijk0.24
Maashorst0.25
Voorne aan Zee0.27
* provisional figures

Source of original article: Statistics Netherlands (CBS) (www.cbs.nl).
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Income inequality in the Netherlands is well below the EU average | Statistics Netherlands (CBS) (2024)

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Income inequality in the Netherlands is well below the EU average | Statistics Netherlands (CBS)? ›

In 2022, income inequality according to the Gini coefficient

Gini coefficient
The Gini coefficient is an index for the degree of inequality in the distribution of income/wealth, used to estimate how far a country's wealth or income distribution deviates from an equal distribution.
https://en.wikipedia.org › wiki › Gini_coefficient
was 0.285 in the Netherlands. Wealth inequality was much higher at 0.711, however. Wealth inequality fell sharply between 2015 and 2022 due to rising house prices.

Which country has the highest income inequality in Europe? ›

In 2022, the highest levels of inequality in terms of disposable income in the EU were in Bulgaria (38.4), Lithuania (36.2) and Latvia (34.3). On the other hand, among the EU Member States, income was most equally distributed in Slovakia (21.2), Slovenia (23.1), Czechia (24.8) and Belgium (24.9).

Is the Netherlands the most unequal country in the world? ›

This is why the Dutch economy is regarded by many as a “liberal paradise”. The interesting thing is that despite all their progressive policies, the Netherlands has the worst wealth inequality in the world with a Gini Coefficient of 0.902.

Which country has the lowest inequality? ›

The country with the most egalitarian economy in the world is Norway. And it is also positively: it distributes its wealth upward, not downward. Its high rent per capita allows the Scandinavian country to implement policies aimed at redistributing wealth.

What is the net worth distribution in the Netherlands? ›

The top 10% wealthiest households own roughly two thirds of total net wealth (Graph 3), with the top 1% owning more than 25% in 2017. According to the OECD Wealth Distribution Database, the Netherlands has the second highest wealth inequality after the United States (OECD 2018).

What is the number 1 poorest country in Europe? ›

The ten poorest countries in Europe are as follows:
  • Montenegro. ...
  • Serbia. ...
  • Belarus. ...
  • Bosnia and Herzegovina. #5 in Poorest Countries in Europe. ...
  • North Macedonia. #4 in Poorest Countries in Europe. ...
  • Albania. #3 in Poorest Countries in Europe. ...
  • Moldova. #2 in Poorest Countries in Europe. ...
  • Ukraine. #1 in Poorest Countries in Europe.
Jun 28, 2024

What 5 countries have the highest level of income in Europe? ›

The top 5 economies in Europe, based on GDP (nominal) as of recent data, are Germany, the United Kingdom, France, Italy, and Spain. These countries have significant contributions to Europe's overall economic output and influence on the global stage.

Is the Netherlands poor or rich? ›

The Netherlands is, in many regards, a very wealthy country. In Europe, the citizens of the Netherlands experienced the 5th highest average annual wage in 2021 with around 62,000 euros, putting it one place above its neighboring country of Belgium.

Why is Netherlands called low country? ›

The Low Countries are so called because much of their land along the North Sea coast and for some distance inland is either below sea level or just slightly above it. More than a quarter of the total land area of the Netherlands is below sea level, for instance.

Is the Netherlands the freest country? ›

Status. The Netherlands' economic freedom score is 77.3, making its economy the 11th freest in the 2024 Index of Economic Freedom. Its rating has decreased by 0.7 point from last year, and the Netherlands is ranked 8th out of 44 countries in the Europe region.

What is the income inequality in the Netherlands? ›

In 2022, income inequality according to the Gini coefficient was 0.285 in the Netherlands. Wealth inequality was much higher at 0.711, however.

What is the fairest country in the world? ›

In fact, Norway ranks as the country with the highest level of income equality, while also ranking second for gender equality worldwide. However, even though Norway is the fairest country, it still has much more work to truly become equal.

Which US state has the least income inequality? ›

According to the American Community Survey's (ACS) 2019 estimate, Utah is the most equal state when it comes to income, while New York is the most unequal by this measure, with the Gini indices, before taxes and transfer, of 0.4268 and 0.5149, respectively. The uncertainties are not shown in the table.

Who is the richest Dutch family? ›

Embark on an enriching exploration of Netherlands's dynamic billionaire landscape, where visionaries from diverse industries shape economic prosperity. Charlene de Carvalho-Heineken & family, leads as the 1st in Netherlands, with $13.31B in Food & Beverage sector.

How did the Dutch get so rich? ›

Taking advantage of a favorable agricultural base, the Dutch achieved success in the fishing industry and the Baltic and North Sea carrying trade during the fifteenth and sixteenth centuries before establishing a far-flung maritime empire in the seventeenth century.

Where do the richest Dutch people live? ›

Bloemendaal and Wassenaar are the two municipalities in the Netherlands with the highest per capita income. The richest municipalities are mainly located in the province North Holland, the poorest in east Groningen and south Limburg.

What country has the greatest amount of income inequality? ›

South Africa has the highest income inequality as measured by the Gini coefficient. Using this measure, a score of zero indicates no inequality, a score of 100 shows perfect inequality. South Africa has a GNI per capita of $12,938 according to 2021 data and adjusted for purchasing power parity.

Who has the highest poverty rate in Europe? ›

The risk of poverty or social exclusion varied considerably across the EU Member States. Romania (32.0 %), Bulgaria (30.0 %) and Spain (26.5 %) reported the highest shares of people at risk of poverty and social exclusion in 2023.

Where is income inequality highest? ›

New Orleans has the highest income inequality of major U.S. cities. While the highest earners make 7.8 times as much as the lowest earners in New Orleans, they still earn lower than average ($110,800) when compared to other cities.

How does income inequality in Europe compare to the US? ›

Income inequality in the U.S. is higher than any country in Europe, even Russia. Wealth inequality is higher than all European countries except Russia and esoterically inegalitarian Sweden.

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